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For the first time in more than four years, the GDP (Gross Domestic Product) Italian an increase. It is a very small increase, + 0.3% in the first quarter of this year compared to the last quarter of last year, yet above expectations of most analysts.
In addition, after four years of negative growth, the data disseminated by Istat represent the official exit from recession if Italy will be confirmed at the end of the next quarter . “The data on GDP is exceeding our expectations,” is the comment of the Minister of Economy, Pier Carlo Padoan. “It ‘s too early to claim victory, but this figure is a sign of the economy turning impressed by the policies of the government.”
In fact, to be done to straighten out the economy Italian there is still much, but the positive sign should not be underestimated: now Istat expects GDP growth at the end of 2015, by 0.7%, followed by growth of 1.2% in 2016 and 1.3% in 2017 “. I this time, according to analysts Istat, domestic demand (ie consumer spending Italian) will start growing again. Among the factors that have helped to get the result certified by Istat is definitely the export of Italian products, which experienced a 6% growth in non-European countries and as much as 40% in the US, helped by exchange rates more favorable than in the past.
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